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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: russwinter who wrote (641)	3/13/2001 1:35:23 PM
From: goldsheet	Read Replies (1) of 4051

> with average price of US$290 per oz. in 2001 and US$300 per oz. long term I guess my prediction of an average price of $275 in 2001 does not seem too insane, although my prediction we will not break $300 in 2001 is most unpopular. Short-term resistance at $270 appears to be causing grief again today. As for the long-term gold should be around $350, and predictions of $400, $500, $1000, etc. seem overly optimistic to me. Most miners and investors would be happy with stable gold prices about $75 higher that we are today . > Compania de Minas Buenaventura (BVN-N) / Yanacocha gold mine in Peru. This mine is also responsible for most of Newmont's cash flow

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